Giving a big speech isn't. Doing it in a stadium looks like it is elitist. It plays to chanting crowd of which most people in the US are not part. It's spectacle, Nurembergesque, but not reaching to the average voter.
Obama (and McCain) has to sit down at the kitchen table with the voter.
Did you see McCain's cozy speech in New Orleans with a crowd of a few hundred? It diminished him, and not in a good "jus folks" way.
That speech was a wreck... let us never mention it again.
I keep seeing it on
The Colbert Report. I think I've memorized it:
"...job loss, failing schools, pensions at risk..."